New Mountain Capital related stories
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PEC adds 18 members, changes nameThe Washington, DC trade group has more than doubled its membership to include mid-market firms, and has created a committee to consider issues relating to the small and mid-market.
- Simpson Thacher recruits Glover
The global head of Clifford Chance’s private funds group, Jason Glover, will establish a UK practice for Simpson Thacher & Bartlett.
- Still keen on private equity
Still keen on private equity 2009-07-01 Staff Writer INVESTMENT OPPORTUNITIES Secondary Directs
- And the winner is ...
CVC, Hellman & Friedman, Welsh Carson, Advent and Actis are among the industry veterans to have won awards in the highly regarded Private Equity International Awards 2008.
- Aquiline adds former E*TRADE exec as advisor
The financial services-focused firm has hired Mitchell Caplan, former chief executive of the online stock trading giant. Founded in 2005 as a joint venture between Venturion Capital and Jeffrey Greenberg, Aquiline is currently investing its debut $1.1bn fund.
- Obama tops McCain in private equity support
US presidential candidate John McCain has come under fire by one US labour union for his ties to KKR co-founder Henry Kravis, but recent data shows Democratic rival Barack Obama has the most financial support from the private equity and venture capital industries.
- New Mountain GP highlights need to influence public perception
Improved explanation of private equity's benefits could combat assaults by unions, many of whose members' pension funds profit from the asset class, Michael Flaherman told the PEI Investor Relations and Communications Forum in New York today.
- Aquiline consortium founds mid-market lender with $1.75bn
TPG and New Mountain Capital have joined an investment in Tygris Commercial Finance Group, which in turn has agreed to acquire a DLJ Merchant Banking-backed equipment finance company.
- Low-leverage New Mountain raises $5.1bn Fund III
The New York firm led by Steven Klinsky saw huge demand from LPs who amid the credit crunch ‘like our style on a relative basis more than ever’.
- Global firms dominate the PEI Awards
In spite of the credit crunch, the global mega funds took centre stage in the Private Equity International Awards 2007. Mid-market resilience also found favour with voters in the only truly democratic private equity awards.